UTX

Summary On a sum-of-the-parts basis, UTX  is currently undervalued by ~20%. While it will take time for the value to be unlocked, the stock looks attractive at current levels. The break-up is schedule to be complete by mid 2020. Background Way back in August 2017, rumors first started to emerge that activist investors [...]

United Technologies - Will the Break-up Unlock Value? For over a year, United Technologies (UTX) management has been under pressure from large activist investor, Third Point, to break up the company. Management finally succumbed to that pressure and announced on November 26, that it would indeed move forward with a split. UTX will [...]